56531, MNMarket Overview & Information

56531 Overview

Many people in 56531 are college grads,and many are married. Many residents are property owners,and many are between the ages of 50 to 59. Top job categories in 56531 areoffice, admin,executive,sales,and home care. As for the weather in 56531, the average summer high is 82 degrees and the average winter low is 0 degrees.

Days of Sun

...

No Data

Population

2.8%

Lower than last year

Cost of Living

$49K

20.3% lower than state

Unemployment

...

3.8%

State

5.4%

Country

Season High/Low

82°/61°

20°/0°

Many People Are...

Ages

50-59

Married

College Grads

Owners

Top Jobs

Office, Admin

Executive

Sales

Home Care

Renting Life

...

No Data

Many people in 56531 are college grads,and many are married. Many residents are property owners,and many are between the ages of 50 to 59. Top job categories in 56531 areoffice, admin,executive,sales,and home care. As for the weather in 56531, the average summer high is 82 degrees and the average winter low is 0 degrees.

Nearby ZIP Codes

56531 Housing and Rental Market

Typical Mortgage

Not Available

Average Listing Price

$105.6K

Strong Buyer's Market

The supply of housing inventory exceeds demand. Buyers have the advantage over sellers due to the abundance of homes on the market, with homes often selling at reduced prices. Price drops are common as sellers compete to find buyers.

The average home price in 56531 is $105,625,
which is 33.6%
higher than
the average sold price in 56531 ($79,065)
.
The average home price per square foot in 56531 is $50 and about
2% of all homes in 56531 sold in the last 6 months.
For 56531 home values, real estate prices, and city market trends, research the 806
property records or search our 18 recently sold or 21 homes
for sale listings.
The listings and properties in 56531 are only a part of the
1,728,641 properties and 42,316
homes for sale in Minnesota. Because of this, the average home price and average home value of 56531 also
influence the average home price $122,145 and average sale price
$230,828 of Minnesota.
Listing counts, 56531
home prices and home values in 56531 are sourced daily from listing and property data on realtor.com®, which is the most up-to-date
and accurate aggregation of real estate listings in the industry and includes approximately 800 regional MLSs and is the official website
of the National Association of Realtors®.

Operated by NATIONAL ASSOCIATION OF REALTORS®

realtor.com® is the official site of the National Association of REALTORS® and is operated by Move, Inc., a subsidiary of News Corp.

REALTOR®, realtor.com®, the “REAL ESTATE IN REAL TIME” tagline and stylized logo treatments including any one or more of the foregoing are trademarks of the NATIONAL ASSOCIATION OF REALTORS® and are used with its permission. These and all other trademarks used in this work are the property of their respective owners.

Real Estate in Real Time: Most for-sale listings are updated on realtor.com® at least every 15 minutes on average.